Org.nr 921 298 307 2019 → 2020 Year-over-year analysis

AKERSGATA KOLONIAL AS: årsregnskap 2020 vs 2019

Grew 134050% on revenue, slipped into loss

approved 2021-08-31; registry 2021-10-26; journal 2021 869028

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKERSGATA KOLONIAL AS. Revenue 9 018 NOK → 12.10m NOK (+134049.5%). Net result +468.6k NOK → -306.5k NOK. Equity 11.50m NOK → 11.19m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSGATA KOLONIAL AS.

Scorecard

Revenue
9 018 NOK 12.10m NOK
+134049.5%
Operating result
+630.5k NOK -317.2k NOK
-150.3%
Net result
+468.6k NOK -306.5k NOK
-165.4%
Equity
11.50m NOK 11.19m NOK
-2.7%
Cash
72.1k NOK 150.4k NOK
+108.7%
Total assets
2.29m NOK 1.44m NOK
-37.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9 018 NOK to 12.10m NOK (+134049.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 72.1k NOK → 150.4k NOK (+108.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +630.5k NOK → -317.2k NOK (op. margin 6991.3% → -2.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 468.6k NOK profit to a loss of 306.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.50m NOK → 11.19m NOK (equity ratio 501.3% → 778.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 678.82× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5 934 NOK → 8.45m NOK (+142248.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 260.2k NOK → 201.6k NOK. Reported fact